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Global Indemnity plc Buyback

OLI recorded this information on 8/28/2012

Company: Global Indemnity plc
Buyback: GBLI buyback
$Amount Authorized: $25,000,000
Buyback Details: Global Indemnity plc authorized the repurchase of up to $25 million of the Company's Class A ordinary shares. The timing and amount of the repurchase transactions, if any, under this program will depend upon market conditions as well as other factors. The program does not require the purchase of any minimum number of shares and may be suspended or discontinued at any time.

Global Indemnity is a holding company. Through its subsidiaries, Co. provides insurance products across a distribution network that includes binding authority, program, brokerage, and reinsurance. Co.'s commercial specialty segment distributes specialty property and casualty insurance products. Co.'s specialty property segment distributes specialty personal lines property and casualty insurance products. Co.'s specialty property segment writes specialty products such as mobile homes, manufactured homes, homeowners, and collectibles. Co.'s farm, ranch, and stable segment provides property and casualty coverage. Co.'s reinsurance operations segment provides reinsurance solutions.
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Company Name: 
Global Indemnity Group LLC
Stock buyback: 
GBLI buyback
Website: 
www.globalindemnity.ie
Sector: 
Insurance Brokers
 

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Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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